I have taken an education loan for my post graduation in a public sector bank during 2007 for
rs.1,30,000 after which i was not able to repay during 2009 and 2010
,bank issued court notice during 2011 i went to court they asked me to
repay as early as possible ,then the bank manger told you pay one lakh
in that amount after which i will send a letter to the head office to
close your loan account as per his words i paid 1,00,000 in
installments and completed it by march 2012 after whcih i asked for
letter he told that he has send to head office it will come in one
month till july it didnt come again they send a court notice when i
went to the manger he told you dont need to come i will take care ,now
on July 27th i got call from the bank to come in person when i went
their they are asking me to pay r.30000 in one day ,the branch manager
who was their earlier had got transferred now a new manger is there he
was threatening me with another branch officer that if you don't make
the rs.30,000 by tomorrow you will have to pay rs.70,000 along with
interest ,though i requested to give time he is not listening ,i cant
afford that much money in one day,i need atleast one month time what should i do now